Wednesday, October 11, 2006

A couple items from India

India is the next China, or so goes the common wisdom, with retail poised for a huge take-off as soon as the regulatory hurdles are fully removed. Here are a couple recent items:

Bharti Enterprises is talking with several international retailers -- Tesco, Carrefour, Wal-Mart, Metro -- for a partnership. The idea would be to gain market experience and be ready when the expected legal changes take effect in a few years.

Disney, meanwhile, has found its partner, the Jaipuria Group:
Walt Disney Co. has partnered with an Indian company to sell its products in India as part of efforts to expand its presence in one of the world's fastest growing markets, a company official said Monday.
Disney also recently bought a children's cable channel in India.

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